Blockbuster is piloting a new movie-rental program that allows customers to load movies onto SD cards and play them back on mobile phones and TVs equipped with SD readers. The rentals cost $1.99. advertisement advertisement Perhaps conceived as a one-up response to the unexpectedly popular RedBox movie kiosks, the SD-card rental stations are meant to address some of the age-old problems with DVD rentals–namely that they’re easily damaged, and must be returned. With an SD rental, the user keeps the SD card, though the content contains DRM which sets a date of expiration. (Above, the taxonomy of SD cards; below, a Blockbuster SD kiosk.) The SD rentals are also meant to target online streaming, which is growing in popularity thanks largely to Netflix’s Watch Instantly feature. Blockbuster is hoping that the better quality video contained on their SD cards will win streaming video customers back, but of course, you still have the inconvenience of traveling to a … [Read more...] about Blockbuster to Rent Movies on SD Cards, but Why?
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NTPC share price rose 3 percent intraday on November 22 after Morgan Stanley upgraded the rating of the company to overweight, with a target at Rs 152 per share.The company's fixed costs under-recovery was reducing, while potential government stake sale remained an overhang, the brokerage house said.The steady commissioning should drive earnings and risk-reward was attractive as two of the three concerns either reversing or known, it added.Close At 1008 hours, NTPC was quoting at Rs 118.30, up Rs 3.20, or 2.78 percent, on the BSE. related news D-Street Buzz: Nifty IT underperforms dragged by Infosys; Zee Entertainment jumps 3% Suven Life Sciences share price jumps 4% Ujjivan Financial Services share price up 3% as Macquarie raises target price to Rs 325 The share touched its 52-week high of Rs 145.85 and 52-week low of Rs 106.75 on July 1, 2019 and February 13, 2019, respectively.It is trading 18.89 percent below its 52-week high and 10.82 percent above its 52-week … [Read more...] about Morgan Stanley upgrades NTPC, share price gains 3%
FMCG major ITC gained 2.82 percent and auto ancillary Motherson Sumi Systems' 4 percent in the morning trade on November 22.The gains came after the two companies found a place on Morgan Stanley’s Focus List.However, the research firm removed Container Corporation of India and Asian Paints from the list. Both stocks have corrected more than 1.5 percent each.Close Goldman Sachs has maintained its buy rating on Motherson, with a target price at Rs 155, implying 26.5 percent potential upside from current levels. related news DHFL share price locked in 5% upper circuit amid report of Adani Group showing interest to acquire co D-Street Buzz: Metal stocks shine led by JSPL, SAIL; Bharti Infratel, Infosys drag The stock has gained 28 percent in the last one month against a 4 percent rally on the BSE Sensex, on the back of solid Q2FY20 results."As investors are also looking at improving outlook for global auto demand, we believe Motherson … [Read more...] about ITC, Motherson Sumi Systems on Morgan Stanley Focus List, rally 3-4%
Dharmesh ShahThe Nifty has been consolidating in the broad range of 12,000-11,800 in the last two weeks. Over the past two weeks, the index has undergone healthy consolidation, aiding the daily stochastic oscillator to cool off from the overbought situation at 11,825. Over the past eight sessions, the index has merely retraced 38.2 percent of the preceding nine sessions up move (11,490–12,034). Slower pace of retracement signifies robust price structure.Going forward, we expect the index to maintain positive bias and challenge its record high of 12,100 in coming sessions which is also the confluence with the price parity of mid-September sharp rally (10,670–11,695), projected from October low (11,090). In the process, we believe any temporary breather should be used as an incremental buying opportunityClose Structurally, the index has not corrected for more than two weeks since August. In the current scenario, the index has corrected over the week and … [Read more...] about Dharmesh Shah sees Nifty heading towards its record high of 12,100, bets on these 2 stocks
Nifty witnessed a pullback in the current week after the sharp decline seen in the last two weeks. The index on July 17 crossed over the past five sessions high around 11,600-11,650, signalling a pause in the ongoing corrective trend.Going ahead, as the Nifty is maintaining higher high and higher low on the daily chart, we expect it to extend the current pullback towards 11,800, as it is the confluence of the 61.8 percent retracement of previous decline (11,982–11,461) and the negative gap on July 8 placed at 11,811-11,772.The Nifty Midcap index continued to consolidate over a seventh consecutive week. In the process, it retraced less than 78.6 percent of preceding three week’s rally.Close The slower pace of retracement along with elongated time consolidation signifies healthy consolidation, aiding weekly stochastic to cool off the overbought situation (currently at 31).Dharmesh ShahHead Technical|ICICI Direct.com Research Dharmesh Shah sees Nifty heading towards … [Read more...] about Here’s why Divi’s Lab can deliver 15% return in 6 months